Millions of over 65s across the UK are paying a “record amount of income tax” in a blow to pensioners, according to the Labour Party. Shadow Pensions minister Liz Kendall is taking aim at the Conservative Party’s record in Government when it comes to pensions and taxes with more people being hit by a “stealth tax”. Labour is citing that the number of over 65s paying income tax has almost doubled since the Tories came to power, from 4.5 million in 2009/10 to 8.5 million in 2023/24. Kendall has claimed Prime Minister Rishi Sunak’s party has overseen a worsening standard of living for those in re…
